🚀 BTC/USDT Bearish Analysis! 🚀
📍 Current Price: $103,268.53 (▼ -0.71%)
📊 Market Sentiment: Price struggling near the $104k zone with repeated rejections, indicating bearish momentum on the 4H chart.
📌 Key Levels:
🔹 Resistance: $104,550 – $105,000
🔹 Support: $103,100 – $102,300
📈 Bearish Setup:
🔸 Entry: $103,700 – $103,900 (after a weak bounce/retest of resistance)
🔸 Stop Loss: $104,600
🔸 Take Profit: $102,300
🎯 Targets:
✅ TP1: $103,000
✅ TP2: $102,500
✅ TP3: $102,300
💡 Pro Tip: If BTC breaks below $103,100 with volume, expect stronger downside pressure. Watch for bounce zones near $101,800 if momentum picks up.